Against the backdrop of a globalization that has many feeling more skeptical than optimistic, people are questioning existing notions of sovereignty. Nationalism is now being viewed as a rallying call for protectionism, rather than patriotism. This has fueled a false dichotomy between globalism and nationalism – particularly in the United States where leaders across politics and business along with every day citizens feel they must choose one path or the other. Given this context, how does a nation advance domestic interests while remaining globally engaged – and why is it vital in 2018? On October 20, 2017, over 150...

Promoting global economic security has long been a foreign policy goal of the U.S. Department of State, and in recent years, this has manifested itself in an increasing number of exchange programs intended to promote entrepreneurship and small business development. Continue

This article is reposted from the Center for Global Development (CGD) (February 23, 2017), which was originally written by Dr. Michael Pisa, Ms. Divyanshi Wadhwa, and Dr. Anit Mukherjee. Pisa is a Policy Fellow researching how technological innovation can support financial inclusion and how the withdrawal of correspondent bank relationships may affect remittance flows. Wadhwa works as a Research Assistant focusing on the unintended consequences of anti-money laundering laws on development. Mukherjee is a Policy Fellow that is currently researching the impact of fiscal devolution on sub-national health financing reform In developing nations including India. Continue

The world is at an inflection point. Throughout both the developing and developed world, people are unsure about their future and have lost faith in their leaders and their institutions. We are seeing this in the rise of populism and xenophobia – from the rise of ISIS to Brexit and the rhetoric of America’s presidential election. While the tendency in this environment is to look towards nationalism, the world is too globalized and interconnected for countries to solve domestic and international issues alone. Moreover, neither governments nor the private sector or civil society will be able to overcome these...